Chinese President Xi Jinping and Russian President Vladimir Putin have agreed to cooperate on a range of economic and business areas, both countries said Wednesday. China and Russia affirm economic cooperation for the next several years. Prominent on the list was increasing the use of “local” currency, Chinese state media said. The Kremlin was more explicit in stating that […]
Author: News Desk
Find out some of the ways to take CO2 out of the air
Carbon dioxide (CO2) is a greenhouse gas that is primarily responsible for climate change. Human activities, such as the burning of fossil fuels, deforestation, and agriculture, have significantly increased the concentration of CO2 in the atmosphere, which has led to global warming. As a result, there has been a growing interest in finding ways to […]
Debt trap Sri Lanka to get first tranche of IMF bailout funds in two days
Sri Lanka will get the first $330 million tranche of an International Monetary Fund (IMF) bailout in the next two days, the global lender said on Tuesday, putting the onus on the cash-strapped country to rein in its debt to sustainable levels. Debt trap Sri Lanka to get first tranche of IMF bailout funds in […]
Biden to designate two new national monuments, in Nevada and Texas
The Biden administration will establish two new national monuments in the Southwest, a decision that will protect the Spirit Mountain area in Nevada and Castner Range in Texas from development. Biden to designate two new national monuments, in Nevada and Texas. The president will make the announcement at a White House summit on conservation action […]
Google opens Bard A.I. for testing by users in US and UK
After months of public chatter about emerging chatbots powered by artificial intelligence, Google is launching its Bard AI platform to a limited number of users. Google opens Bard A.I. for testing by users in U.S. and UK. The company is officially allowing people in the U.S. and U.K. to sign up for its generative AI […]
What happened to Credit Suisse?
Fears of another 2008-style banking crisis resurfaced this week after banking giant UBS swept in to buy its crisis-hit rival Credit Suisse and US authorities stepped in to broker a £24.7bn rescue package for the First Republic. What happened to Credit Suisse? Stock markets have been jittery amid worries that isolated failures could widen to affect […]
France’s Macron faces no-confidence votes after pension reform
French lawmakers have prepared two no-confidence motions against President Emmanuel Macron Monday after he pushed through legislation to increase the retirement age without a legislative vote against massive protests around the country. After pension reform, France’s Macron faces no-confidence votes. The challenges, one brought by a coalition of small parties and another by the far-right National […]
What Saudi-Iran deal means for Middle East?
Saudi Arabia and Iran announced that they would reëstablish diplomatic relations after seven years of severed ties. The two nations pledged to reopen their embassies and also agreed to begin cooperating in areas such as security and trade. But what Saudi-Iran deal means for the Middle East? The rivalry between Saudi Arabia and Iran which […]
How UK/US led invasion of Iraq had a negative impact on country?
The invasion of Iraq in March 2003 was a catastrophic event that had a devastating impact on the country and its people. Here are some of the ways in which we can identify how the UK/US-led invasion of Iraq had a negative impact on the country. The invasion has had the following negative impacts: Loss […]
Why asylum seekers choosing Canada as preferred destination?
Canada has become an increasingly popular destination for asylum seekers in recent years. According to data from the United Nations High Commissioner for Refugees (UNHCR), Canada received over 50,000 asylum claims in the year 2017 onwards, up from just over 23,000 claims in 2013. So, what is driving this trend, and why are so many […]